3min chapter

Open to Debate cover image

Bonus: Year in Review

Open to Debate

CHAPTER

Has Globalization Backfired?

Global poverty has been reduced substantially, but it's slowing down more recently. The outsized increase in in-country inequality has created so much economic trouble in various nation states that yes, the decoupling and the political fractiousness that we're seeing now is evidence that it's backfired. We will be back to where we've been all along, which is embracing globalization and comparative advantage.

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